Says company is ‘curating an ecosystem’
In an era of rapidly advancing technology, manufacturers will increasingly need to be flexible and collaborative to be successful, Bill Mitchell, chief executive officer of Foxconn subsidiary Aguila told attendees at Manufacturing Matters on Thursday.
Aguila handles portions of Foxconn’s logistics and distribution operations. Mitchell was also part of site selection efforts when the company initially decided to locate a $10 billion manufacturing campus in Wisconsin in the summer of 2017.
“In just that amount of time so much has changed about the way things are done and what gets done,” he told attendees at the annual conference run by the Wisconsin Manufacturing Extension Partnership.
He said companies need to develop long-term strategic plans while also allowing for flexibility. He said many companies are hurt by holding on to what has helped them reach their current position instead of adapting to things that can propel them forward.
“Most of us are held back more by fear than we are advanced by faith,” he said, encouraging companies to step out and do something different.
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